163 S 600 E
Salt Lake City, UT 84102
About
Proudly presented by Pride & Property Realty, an exceptional investment opportunity in the heart of Salt Lake City's desirable East Central neighborhood, ideally situated between Downtown Salt Lake City and the University of Utah. This charming 1904 Queen Anne Victorian offers five fully occupied apartments, combining historic architectural character with strong rental performance. Featuring over 5,000 square feet, the property includes four 1-bedroom residences and one spacious 3-bedroom, 3-bathroom apartment, providing a versatile and desirable unit mix. A standout feature is the stunning top-floor penthouse, a beautifully remodeled 1-bedroom, 1-bathroom residence with high-end finishes and two private patios with impressive views of Salt Lake City. The property generates $100,200 in annual scheduled rental income, with rents having increased approximately 43% since 2020. Additional highlights include six off-street parking spaces, separate electrical meters, shared laundry facilities, storage, private entrances, and the timeless appeal of a historic Victorian home. Major HVAC, plumbing, and electrical improvements were previously completed, blending classic character with modern functionality. The property's central location offers convenient access to the University of Utah, downtown employment, medical centers, restaurants, shopping, and public transportation. Whether you're expanding an existing portfolio or acquiring your first five-unit multifamily investment, this property presents a compelling opportunity to own a distinctive, income-producing asset in one of Salt Lake City's most established neighborhoods. Please do not disturb tenants.
Property
Beds
7
Full Baths
None
1/2 Baths
None
Year Built
1904
Sq.Footage
5,038
Features
Features & Amenities
Interior
-
Other Interior Features
Walk-In Closet(s)
-
Total Bedrooms
7
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Balcony, Lighting
-
Parking
Covered
-
Patio and Porch Features
Deck, Patio, Porch
-
Pool
No
-
Waterfront YN
NO
-
View
Mountain(s), Valley
Area & Lot
-
Lot Size(acres)
0.16
-
Lot Size(square feet)
6,969
-
Property Type
Residential
-
Property Sub Type
Multi Family
-
Architectural Style
Five-Plex
Price
-
Sales Price
$1,450,000
-
Tax Amount
$7,752
-
Zoning
RMF-35
-
Sq. Footage
5,038
-
Price/SqFt
$287
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
Salt Lake
-
Middle School
Clayton
-
High School
East
Property Features
-
New Construction
NO
-
Accessibility Features
Accessible Electrical and Environmental Controls
-
Senior Community YN
NO
-
Sewer
Public Sewer
Schedule
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Location
-
County
Salt Lake
-
Elementary School
Salt Lake
-
Middle School
Clayton
-
High School
East
Listing Courtesy of Bryce Abplanalp, Pride and Property Realty LLC
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Rusty Dog
HR Manager
Call Rusty today to schedule a private showing.
Phone (800) 555-1212
Email Rusty@PupAgency.com
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